The Long Emergence of a Modern Insurance Industry in China

Autor:	Xiaohong Wu, Thomas M. Hout, Michael J. Enright
Rok vydání:	2005
Předmět:	Market economy Life insurance Political Science and International Relations Insurance law Chinese financial system Economics Business and International Management General insurance China General Economics Econometrics and Finance Income protection insurance Gross domestic product Market penetration
Zdroj:	Global Economic Review. 34:181-200
ISSN:	1744-3873 1226-508X
DOI:	10.1080/12265080500117590
Popis:	From 1949 through 1979, China had no insurance industry, as the state self-insured. Government policy was cautious and growth slow for the next 15 years, but since the early 1990s the pace of policy change has accelerated and the industry has grown at more than twice the gross domestic product. Nevertheless, the industry's development and market penetration, particularly in general insurance, remains extremely low by international standards, and continues to be retarded by a mix of forces. This paper examines the drivers for and against the long emergence of China's insurance industry, followed by a projection of the future development of the industry in China.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::89cb195536808aae73ffff176eae0735 https://doi.org/10.1080/12265080500117590 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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